Moneyview Limited: Initial public offering to open on Thursday, September 24, 2026

 Moneyview Limited: Initial public offering to open on Thursday, September 24, 2026

Price Band fixed at ₹32 per equity share of face value ₹1 each to ₹34 per equity share of the face value of ₹1 each (“Equity Shares”) of Moneyview Limited (the “Company”) 

Anchor Investor Bidding Date – Wednesday, September 23, 2026

Bid /Offer Opening Date – Thursday, September 24, 2026, and Bid/ Offer Closing Date – Monday, September 28, 2026

Bids can be made for a minimum of 441 Equity Shares of face value ₹1 and in multiples of 441 Equity Shares of face value ₹1 thereafter

Red Herring Prospectus dated September 20, 2026 (“RHP”) link – 

https://moneyview.in/images/Red-Herring-Prospectus.pdf

Price Band Advertisement link: https://epaper.financialexpress.com/4201411/Mumbai/September-21-2026#page/22

September 21, 2026: Moneyview Limited (the “Company”) proposes to open an initial public offering (“Offer”) of its equity shares of face value of ₹1 each (“Equity Shares”) on Thursday, September 24, 2026. The Anchor Investor Bidding Date is one Working Day prior to Bid/Offer Opening Date, being Wednesday, September 23, 2026. The Bid/ Offer Closing Date is Monday, September 28, 2026*.

*UPI mandate end time and date shall be at 5:00 pm on the Bid/Offer Closing Date.

The Price Band of the Offer has been fixed from ₹32 per Equity Share of face value ₹1 each to ₹34 per Equity Share of face value ₹1 each. Bids can be made for a minimum of 441 Equity Shares of face value ₹1 each and multiples of 441 Equity Shares of face value ₹1 each thereafter.

The Initial Public Offering comprises of a Fresh Issue of Equity Shares aggregating up to ₹7,500 million and an Offer for Sale of up to 100,494,200 Equity Shares by the Selling Shareholders.

The Offer for Sale includes up to 13,548,300 Equity Shares by Puneet Agarwal, up to 13,548,300 Equity Shares by Sanjay Aggarwal, up to 1,935,400 Equity Shares by Chitra Agarwal (The “Individual Selling Shareholders”) and up to 16,377,500 Equity Shares by Accel India IV (Mauritius) Limited, up to 15,356,000 Equity Shares by Internet Fund III Pte. Ltd., up to 8,011,900 Equity Shares by Accel Growth IV Holdings (Mauritius) Ltd., up to 10,000,000 Equity Shares by Crimson Winter Limited, up to 11,356,900 Equity Shares by Ribbit Capital, up to 4,265,600 Equity Shares by NLI Strategic Venture Investment Limited, up to 3,745,200 Equity Shares by TI JPNIN India Holdco, Ltd., up to 2,349,100 Equity Shares by DI Investment LLC (The “Investor Selling Shareholders”).

The Offer is being made in terms of Rule 19(2)(b) of the SCRR read with Regulation 31 of the SEBI ICDR Regulations. The Offer is being made through the Book Building Process (as defined hereinafter) in accordance with Regulation 6(1) of the SEBI ICDR Regulations wherein in terms of Regulation 32(2) of the SEBI ICDR Regulations, not more than 50% of the Offer shall be available for allocation on a proportionate basis to Qualified Institutional Buyers (“QIBs”, and such portion, the “QIB Portion”) provided that our Company in consultation with the BRLMs, may allocate up to 60% of the QIB Portion to Anchor Investors on a discretionary basis in accordance with the SEBI ICDR Regulations (“Anchor Investor Portion”), of which 40% shall be reserved in the following manner, (i) 33.33% shall be available for allocation to domestic Mutual Funds, and (ii) 6.67% shall be available for Life Insurance Companies and Pension Funds, subject to valid bids being received from domestic Mutual Funds, Life Insurance Companies and Pension Funds at or above the Anchor Investor Allocation Price In the event of under-subscription in (ii) above, the allocation may be made to domestic Mutual Funds. 

In the event of under-subscription or non-allocation in the Anchor Investor Portion, the balance Equity Shares shall be added to the QIB Portion (other than Anchor Investor Portion) (“Net QIB Portion”). Further, 5% of the Net QIB Portion shall be available for allocation on a proportionate basis only to Mutual Funds and the remainder of the Net QIB Portion shall be available for allocation on a proportionate basis to all QIB Bidders (other than Anchor Investors) including Mutual Funds, subject to valid Bids being received at or above the Offer Price. However, if the aggregate demand from Mutual Funds is less than 5% of the QIB Portion, the balance Equity Shares available for allocation in the Mutual Fund Portion will be added to the remaining QIB Portion for proportionate allocation to QIBs. 

Further, not less than 15% of the Offer shall be available for allocation to Non-Institutional Bidders out of which (a) one-third of such portion shall be reserved for applicants with application size of more than ₹200,000 and up to ₹1,000,000; and (b) two-third of such portion shall be reserved for applicants with application size of more than ₹1,000,000 provided that the unsubscribed portion in either of such sub-categories may be allocated to applicants in the other sub-category of Non-Institutional Bidders and not less than 35% of the Offer shall be available for allocation to RIIs in accordance with the SEBI ICDR Regulations, subject to valid Bids being received from them at or above the Offer Price. 

All potential Bidders (except Anchor Investors) are required to mandatorily utilise the Application Supported by Blocked Amount (“ASBA”) process by providing details of their respective bank accounts (including UPI ID for UPI Bidders) (as defined hereinafter) in which the Bid Amount will be blocked by the SCSBs or the Sponsor Bank(s), as applicable, to participate in the Offer. Anchor Investors are not permitted to participate in the Anchor Investor Portion of the Offer through the ASBA process.

The Equity Shares of the Company are proposed to be listed on BSE Limited (“BSE") and the National Stock Exchange of India Limited (“NSE”) (BSE and NSE together, the “Stock Exchanges”).

Axis Capital Limited, BofA Securities India Limited, IIFL Capital Services Limited (formerly known as IIFL Securities Limited) and Kotak Mahindra Capital Company Limited are the Book Running Lead Managers (“BRLMs”) to the Offer.

Disclaimer:

MONEYVIEW LIMITED is proposing, subject to applicable statutory and regulatory requirements, receipt of requisite approvals, market conditions and other considerations, to make an initial public offering of its Equity Shares and has filed the RHP with SEBI, RoC, Karnataka at Bangalore and the Stock Exchanges on September 20, 2026. The RHP shall be available on the website of SEBI at www.sebi.gov.in, and is available on the websites of the Stock Exchanges i.e. BSE and NSE at www.bseindia.com and www.nseindia.com, respectively, on the website of our Company at https://moneyview.in and the websites of the BRLMs, i.e., Axis Capital Limited, BofA Securities India Limited, IIFL Capital Services Limited (formerly known as IIFL Securities Limited) and Kotak Mahindra Capital Company Limited at www.axiscapital.co.in, www.business.bofa.com/bofasindia, www.iiflcapital.com and https://investmentbank.kotak.com, respectively. 

Any potential investors should note that investment in equity shares involves a high degree of risk and for details relating to such risk, see ‘‘Risk Factors’’  beginning on page 25 of the RHP. Potential investors should not rely on the DRHP filed with SEBI and the Stock Exchanges, and should instead rely on their own examination of our Company and the Issue, including the risks involved, for making any investment decision. 

This announcement does not constitute an invitation or offer of securities for sale in any jurisdiction. The Equity Shares have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any other applicable law of the United States and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. Persons as defined in Regulation S under the U.S. Securities Act (“U.S. Persons”) except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and applicable state securities laws. The Company has not registered and does not intend to register under the U.S. Investment Company Act of 1940, as amended (the “U.S. Investment Company Act”) in reliance on Section 3(c)(7) of the U.S. Investment Company Act, and investors will not be entitled to the benefits of the U.S. Investment Company Act. Accordingly, the Equity Shares are only being offered and sold (a) to persons in the United States or to or for the account or benefit of U.S. Persons, in each case that are both (i) persons reasonably believed to be “qualified institutional buyers” (as defined in Rule 144A under the U.S. Securities Act) in transactions exempt from or not subject to the registration requirements of the U.S. Securities Act and (ii) “qualified purchasers” (as defined under the U.S. Investment Company Act) in reliance on Section 3(c)(7) of the U.S. Investment Company Act; or (b) outside the United States to investors that are not U.S. Persons nor persons acquiring for the account or benefit of U.S. Persons in offshore transactions in reliance on Regulation S under the U.S. Securities Act and the applicable laws of the jurisdictions where those offers and sales occur. There will be no public offering of the Equity Shares in the United States. 

Adroit Industries (India) Limited IPO Opens on Wednesday, September 23, 2026 Total Offer Size- Up to 1,12,47, 000 Equity Shares of face value of ₹10 each Fresh Issue Size - Up to 98,97,000 Equity Shares OFS size - Up to 13,50,000 Equity Shares Total Size - ₹ 150.71 Crore (At Upper Price Band) Price Band - ₹ 126 - ₹ 134 per share Lot Size – 111 Equity Shares Mumbai, September 21, 2026 - Adroit Industries (India) Limited is a vertically integrated manufacturer of propeller shafts and torque-transmission components with over four decades of operational experience, serving automotive, primarily commercial vehicles, and non-automotive applications, including defence and emergency services, heavy equipment and off-highway machinery and industrial equipment across more than 32 countries, proposes to open its Initial Public Offering on Wednesday, September 23, 2026 aiming to raise ₹ 150.71 Crores (At Upper Price Band), with shares to be listed on the BSE & NSE. The offer size is up to 1,12,47,000 Equity Shares with a face value of ₹10 each with a price band of ₹126 - ₹134 Per Share. Equity Share Allocation QIB Portion – Not more than 50.00% of the Offer Non-Institutional Investors - Not less than 15.00% of the Offer Retail Individual Investors - Not less than 35.00% of the Offer The net proceeds from the IPO will be utilized for funding capital expenditure by the company towards procurement of machinery and equipment for enhancement of operations at the Dewas Facility and transportation vehicles for movement of goods between the manufacturing facilities, investment in its subsidiary Adroit Driveshafts Private Limited for capital expenditure towards machinery and equipment at the Pithampur Facility and transportation vehicles for movement of goods between the manufacturing facilities, investment in the subsidiary for repayment or pre-payment, in full or in part, of certain outstanding borrowings availed by it, and general corporate purposes. The anchor bidding is on Tuesday, September 22, 2026. The offer will open on Wednesday, September 23, 2026 and will close on Friday, September 25, 2026. The Book Running Lead Manager to the Offer is Choice Capital Advisors Private Limited and the Registrar is Bigshare Services Private Limited. Mr. Saurabh Sangla, Chairman and Managing Director of Adroit Industries (India) Limited “expressed, The upcoming IPO marks a new phase for the Company. Over the years we have built vertically integrated capabilities spanning forging, precision machining, heat treatment, assembly, balancing and testing, and expanded our portfolio to over 5,000 SKUs of driveline components supplied to customers in more than 32 countries. Going forward, our focus will be on strengthening capacity across our manufacturing facilities, improving operational efficiency, deepening engagement with the Distributors, OEMs and Tier-1 customers across our export and domestic markets and broadening our automotive and non-automotive applications. The IPO will support our plans as we continue to strengthen the business and pursue long-term growth.” Mr. Ratiraj Tibrewal, Director of Choice Capital Advisors Private Limited said, “Adroit Industries (India) Limited has built an export-led driveline business over four decades, with vertically integrated manufacturing and a diversified customer base across automotive and non-automotive applications. The upcoming IPO marks an important step in the Company’s journey as it enters the public markets. We believe the Company’s integrated manufacturing capabilities, long-standing customer relationships and expanding product portfolio provide a foundation for its next phase of growth. We are pleased to be associated with Adroit Industries (India) Limited as it takes this step towards becoming a publicly listed company.” About Adroit Industries (India) Limited Adroit Industries (India) Limited is a vertically integrated manufacturer and supplier of propeller shafts – also known as drive shafts or cardan shafts – and related torque-transmission components. Its portfolio spans over 5,000 SKUs of driveline components, including propeller shaft assemblies, yokes, shafts, companion flanges, universal joints and accessories, supplied to automotive applications, largely commercial vehicles and SUVs, and to non-automotive applications spanning defence and emergency services, heavy equipment and off-highway machinery and industrial equipment. The Company operates three manufacturing facilities in Madhya Pradesh – Dewas Facility i.e for die making and forging processes, Pithampur Facility for machining and assembly, operated by its subsidiary Adroit Driveshafts Private Limited, and Sanwer Road Facility for certain finishing operations– with end-to-end in-house capabilities covering forging, precision machining, heat treatment, assembly, balancing and testing. The facility is certified under IATF 16949, ISO 9001, ISO 14001 and ISO 45001. With operations commencing in 1966, the Company has evolved into an export-led driveline components manufacturer, with 95.39% of Fiscal 2026 product sales derived from outside India across more than 32 countries, supported by a Canadian subsidiary for North American customer engagement, and serving 185 customers in Fiscal 2026 through distributors, Tier-1 driveline component suppliers and OEMs. In FY26, The Company achieved a Revenue from operations of ₹1,399.43 million, EBITDA of ₹387.10 million & PAT of ₹261.58 million. Disclaimer: Certain statements in this document that are not historical facts are forward looking statements. Such forward-looking statements are subject to certain risks and uncertainties like government actions, local, political or economic developments, technological risks, and many other factors that could cause actual results to differ materially from those contemplated by the relevant forward-looking statements. The Company will not be in any way responsible for any action taken based on such statements and undertakes no obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances.

Adroit Industries (India) Limited IPO Opens on Wednesday, September 23, 2026

Total Offer Size- Up to 1,12,47, 000 Equity Shares of face value of ₹10 each 

Fresh Issue Size - Up to 98,97,000 Equity Shares 

OFS size - Up to 13,50,000 Equity Shares 

Total Size - ₹ 150.71 Crore (At Upper Price Band)

Price Band - ₹ 126 - ₹ 134 per share

Lot Size – 111 Equity Shares 

Mumbai, September 21, 2026 - Adroit Industries (India) Limited is a vertically integrated manufacturer of propeller shafts and torque-transmission components with over four decades of operational experience, serving automotive, primarily commercial vehicles, and non-automotive applications, including defence and emergency services, heavy equipment and off-highway machinery and industrial equipment across more than 32 countries, proposes to open its Initial Public Offering on Wednesday, September 23, 2026 aiming to raise ₹ 150.71 Crores (At Upper Price Band), with shares to be listed on the BSE & NSE.

The offer size is up to 1,12,47,000 Equity Shares with a face value of ₹10 each with a price band of ₹126 - ₹134 Per Share.

Equity Share Allocation

QIB Portion – Not more than 50.00% of the Offer

Non-Institutional Investors - Not less than 15.00% of the Offer

Retail Individual Investors - Not less than 35.00% of the Offer

The net proceeds from the IPO will be utilized for funding capital expenditure by the company towards procurement of machinery and equipment for enhancement of operations at the Dewas Facility and transportation vehicles for movement of goods between the manufacturing facilities, investment in its subsidiary Adroit Driveshafts Private Limited for capital expenditure towards machinery and equipment at the Pithampur Facility and transportation vehicles for movement of goods between the manufacturing facilities, investment in the subsidiary for repayment or pre-payment, in full or in part, of certain outstanding borrowings availed by it, and general corporate purposes. The anchor bidding is on Tuesday, September 22, 2026. The offer will open on Wednesday, September 23, 2026 and will close on Friday, September 25, 2026. 

The Book Running Lead Manager to the Offer is Choice Capital Advisors Private Limited and the Registrar is Bigshare Services Private Limited.

Mr. Saurabh Sangla, Chairman and Managing Director of Adroit Industries (India) Limited “expressed, The upcoming IPO marks a new phase for the Company. Over the years we have built vertically integrated capabilities spanning forging, precision machining, heat treatment, assembly, balancing and testing, and expanded our portfolio to over 5,000 SKUs of driveline components supplied to customers in more than 32 countries.

Going forward, our focus will be on strengthening capacity across our manufacturing facilities, improving operational efficiency, deepening engagement with the Distributors, OEMs and Tier-1 customers across our export and domestic markets and broadening our automotive and non-automotive applications. The IPO will support our plans as we continue to strengthen the business and pursue long-term growth.”

Mr. Ratiraj Tibrewal, Director of Choice Capital Advisors Private Limited said, “Adroit Industries (India) Limited has built an export-led driveline business over four decades, with vertically integrated manufacturing and a diversified customer base across automotive and non-automotive applications. The upcoming IPO marks an important step in the Company’s journey as it enters the public markets.

We believe the Company’s integrated manufacturing capabilities, long-standing customer relationships and expanding product portfolio provide a foundation for its next phase of growth. We are pleased to be associated with Adroit Industries (India) Limited as it takes this step towards becoming a publicly listed company.”

About Adroit Industries (India) Limited 

Adroit Industries (India) Limited is a vertically integrated manufacturer and supplier of propeller shafts – also known as drive shafts or cardan shafts – and related torque-transmission components. Its portfolio spans over 5,000 SKUs of driveline components, including propeller shaft assemblies, yokes, shafts, companion flanges, universal joints and accessories, supplied to automotive applications, largely commercial vehicles and SUVs, and to non-automotive applications spanning defence and emergency services, heavy equipment and off-highway machinery and industrial equipment.

The Company operates three manufacturing facilities in Madhya Pradesh – Dewas Facility i.e for die making and forging processes, Pithampur Facility for machining and assembly, operated by its subsidiary Adroit Driveshafts Private Limited, and Sanwer Road Facility for certain finishing operations– with end-to-end in-house capabilities covering forging, precision machining, heat treatment, assembly, balancing and testing. The facility is certified under IATF 16949, ISO 9001, ISO 14001 and ISO 45001.

With operations commencing in 1966, the Company has evolved into an export-led driveline components manufacturer, with 95.39% of Fiscal 2026 product sales derived from outside India across more than 32 countries, supported by a Canadian subsidiary for North American customer engagement, and serving 185 customers in Fiscal 2026 through distributors, Tier-1 driveline component suppliers and OEMs.

In FY26, The Company achieved a Revenue from operations of ₹1,399.43 million, EBITDA of ₹387.10 million & PAT of ₹261.58 million.

Disclaimer: 

Certain statements in this document that are not historical facts are forward looking statements. Such forward-looking statements are subject to certain risks and uncertainties like government actions, local, political or economic developments, technological risks, and many other factors that could cause actual results to differ materially from those contemplated by the relevant forward-looking statements. The Company will not be in any way responsible for any action taken based on such statements and undertakes no obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances.

XXVIII Sorbon International Convocation 2026: Global Excellence Celebrated in Delhi

 XXVIII Sorbon International Convocation 2026: Global Excellence Celebrated in Delhi

New Delhi just hosted one of the most significant academic and leadership summits of the year. Discover how the 2026 

Sorbon Convocation united visionaries across global business, politics, and social empowerment. 

XXVIII Sorbon International Convocation held on September 19, 2026, at Bel-la Monde Hotel, New Delhi, featuring Dr. Vivek Anand Oberoi and distinguished guests.

NEW DELHI — What defines true global leadership today?

On Saturday, September 19, 2026, New Delhi delivered a powerful answer. The city hosted the highly prestigious XXVIII Sorbon International Convocation. It was an event defined by unparalleled ambition.

The magnificent Bel-la Monde Hotel served as the backdrop. Located near the bustling Delhi Airport, the venue welcomed a truly elite crowd. Global visionaries gathered under one roof. They came to celebrate the absolute peak of human achievement.

The esteemed École Supérieure Robert de Sorbon (ESRDS)from France organized the ceremony. They partnered directly with India's IIPPT Foundation. Together, they built a massive bridge between European academic prestige and Indian entrepreneurial brilliance.

A Grand Arrival: Setting the Global Stage

The energy was electric from the very first minute.

Registrations opened sharply at 11:00 AM. Delegates and awardees captured their proudest moments at the official photo booths. By noon, the main hall was packed. Anticipation filled the air.

At 12:05 PM, the entire room stood in unified silence. The national anthems of France and India played back-to-back. This powerful moment highlighted deep, cross-border respect.

Also Read: BRICS Countries 2026: Full Member List and Economic Outlook

Shortly after, the ceremonial lamp was lit. It beautifully merged ancient Indian tradition with modern global academia.

Strong leadership steered the day. Dr. Vivek Choudhry delivered the opening address. As Vice President of ESRDS France and Chairman of IIPPT Foundation, his vision was clear. He demanded excellence.

Then, the spotlight shifted. Dr. John Thomas Prade, President of ESRDS France, took the stage. He had flown in specifically for this exact moment. His keynote address outlined a bold new future for international education.

The Bharat Samman Awards: Recognizing Titans

But academic degrees were only half the story.

At 12:50 PM, the event shifted gears. It was time for the Bharat Samman Awards. Instituted in memory of the Late Dr. Narendra Choudhry, these awards carry massive prestige. They target individuals fundamentally changing society.

The 2026 winners list is nothing short of extraordinary:

Dr. Vivek Anand Oberoi

Honored for Global Business Entrepreneurship & Social Service.

Shri Jayant Sinha

Honored for extensive contributions to Politics & Social Service.

Smt. Usha Rai

Honored for decades of excellence in Journalism & Media.

Dr. Amit Goenka

Honored for driving visionary Business Entrepreneurship.

Shri Jayant Sinha’s presence bridged a critical gap. It proved that sound public policy directly fuels educational growth.

Then came a highly anticipated moment. Bollywood icon and entrepreneur Dr. Vivek Anand Oberoi took the stage. He didn't just win a Bharat Samman Award. The institution proudly conferred an honorary D.Litt. degree upon him.

Why? Because his work extends far beyond entertainment. His expansive philanthropic ventures and global business frameworks demand the highest academic respect.

legacy is not the roles I have played on screen. My true legacy would be my contribution to my great motherland, Bharat." These words by Dr. Vivek Anand Oberoi stood out during the XXVIII Sorbon International Convocation in New Delhi.

The event brought together distinguished academicians, professionals and guests to recognise Vivek Anand Oberoi spoke about seva—the opportunity to help someone when we are in a position to do so.

He reminded us that these moments of service create a form of wealth that cannot be measured through possessions, awards or conventional success. Our real contribution is reflected in the lives we touch. 

That thought led to a reflection on legacy. Professional achievements may be remembered for a period of time, but the positive difference we make in other people's lives can leave a far deeper and more lasting impact.

Another thought that resonated deeply was: "You can get work done by Artificial Intelligence. You can access Al from various places. But spirituality is found only in Bharat." Al can help us improve productivity, automate tasks and achieve more.

But spirituality reminds us why we should use our abilities, how we should serve others and what kind of legacy we should leave behind.

Technology can amplify our work. Seva gives it meaning. Spirituality gives it direction.

Dr. Vivek Anand Oberoi being handed over the prestigious degree at grand Sorbon International Convocation stage.

Shattering Ceilings: The Women Empowerment Awards

True progress requires absolute inclusion. The organizers understood this deeply.

They introduced the highly celebrated Women Empowerment Awards. ESRDS, IIPPT, and the Bel-la Monde Hotel jointly backed this initiative. They sought out female leaders who are fundamentally altering their industries.

Dr. Neeti Sharma — Awarded for Women Awakening & Social Service. A true champion of grassroots mobilization.

Dr. Neha Dewan — Awarded for Global Entrepreneurship. She continues to break international corporate barriers.

Ms. Nidhi Baweja — Awarded for Spirituality & Tarot. Acknowledging unique forms of spiritual leadership.

Ms. Aarti Khetarpal — Awarded for Singing & Modelling. Proving art and culture remain vital societal pillars.

These awards send a crystal-clear message. Leadership has no single definition. It thrives in boardrooms, in communities, and on the cultural stage.

A Masterclass in Cultural Integration

How do you keep a highly formal event deeply engaging?

You infuse it with raw, authentic art. The convocation featured a deeply moving Invocation of Lord Ganesha and Guru Vandana. The Ghungroo Institute captivated the room with a breathtaking Kathak performance.

But the most emotional moment arrived shortly after. Children with special abilities from the Sukhsetu Foundation performed an incredibly inspiring medley. There was rarely a dry eye in the venue.

The leadership team responded immediately. Dr. Prade, Dr. Choudhry, and Dr. Vivek Oberoi stood together on stage. They presented formal Certificates of Appreciation to these brilliant young performers. Excellence recognized excellence.

Also Read: National Leadership Updates: Key Milestones and September 2026 Developments

Conferring the Ultimate Academic Accolades

At 1:25 PM, the core academic ceremony commenced.

Scores of deserving candidates finally received their Doctorate degrees. The committee read individual citations aloud. This public validation is crucial. It confirms years of relentless research and global networking.

Spiritual leader Sadguru Dr. Sakshi Shree provided profound Words of Inspiration. Distinguished Guests of Honour, including Dr. Gurmeet Singh and Dr. Kamal Anand, amplified the event's unmatched prestige.

Dr. Nirmal Bansal, Provost of ESRDS France, brought the event to a graceful close. Following his Vote of Thanks, delegates shared a vast networking lunch. Vital operational thanks were given to key team members—Sagar, Priyaank, Shubham, Lucky, Arjun, and Ritika.

The True Impact of the 2026 Convocation

The world is changing fast. Education can no longer exist in a silo.

The XXVIII Sorbon International Convocation proved a massive point. Real-world corporate strategy, journalistic integrity, and academic rigor must evolve together. By honoring figures like Vivek Oberoi and Usha Rai, ESRDS and IIPPT validated this exact truth.

New Delhi once again proved it is the ultimate meeting ground for global minds. Watch this space closely. The partnerships forged in that hotel ballroom will undoubtedly shape global industries for years to come.

Elevate Campuses Limited’s ₹2100 crore Initial Public Offering to open on Wednesday, September 23, 2026

Elevate Campuses Limited’s ₹2100 crore Initial Public Offering to open on Wednesday, September 23, 2026

Photo Caption (L-R)

1) Mr. Narasimha Jayakumar, Chief Executive Officer, Elevate Campuses Limited

2) Mukesh Tiwari, Board Director, Elevate Campuses Limited

3) Mr. Vinod Rao, Chief Financial Officer, Elevate Campuses Limited

Price Band fixed at ₹343 to ₹362 per share 

Bid/Issue Opening Date – Wednesday, September 23, 2026 and Bid/Issue Closing Date – Friday, September 25, 2026 

Anchor Date - The Anchor Investor Bidding Date is one working day prior to bid/offer opening date, being Tuesday, September 22, 2026 

Bids can be made for a minimum of 41 shares and in multiples of 41 thereafter by bidders other than Anchor Investors 

Mumbai, September 18, 2026: Elevate Campuses Limited (“Elevate Campuses”) is the largest institutionalized and independent education platform engaged in owning, operating and managing on campus student accommodation across higher education institutes and owning K-12 assets in India by student capacity as of June 15, 2026. The Bid/Issue in relation to its initial public offering of the Equity Shares will open on Wednesday, September 23, 2026. The Bid/Issue will close on Friday, September 25, 2026. 

The Anchor Investor Bidding Date shall be on Tuesday, September 22, 2026. 

Bids can be made for a minimum of 41 Equity Shares and in multiples of XX Equity Shares thereafter. 

The Price Band has been fixed at ₹343 to ₹362 per Equity Share. 

The total Issue size is for such number of Equity Shares of face value of ₹1 each aggregating up to ₹21,000 million (₹2,100 crores).

Elevate Campuses owns, operates, and manages on-campus student accommodations across higher education institutions (HEIs) and K-12 assets. As of March 31, 2026, the current capacity enables to cater to 80,255 students across 15 cities in India and one city in United Arab Emirates. The business operates under the “Good Host Spaces” and “ScholarZ” brands for student accommodation and manages K-12 assets under long-term lease arrangements with K-12 operators. 

Elevate Campuses portfolio comprises both owned and managed assets. The ‘Owned Portfolio’ comprises seven student accommodation campuses totaling 20,368 beds (“Owned Beds”) across six Indian cities as of March 31, 2026, and two K-12 Assets in Dubai (UAE). The ‘Managed Portfolio’ comprises 14 student accommodation campuses, totaling 55,487 beds under management (“Managed Beds”), as of March 31, 2026 (“Managed Portfolio”). 

The Issue is being made through the Book Building Process in accordance with the applicable provisions of the SEBI ICDR Regulations. At least 75% of the Issue shall be available for allocation to Qualified Institutional Buyers (QIBs), of which up to 60% of the QIB Portion may be allocated to Anchor Investors, subject to applicable regulations. Further, not more than 15% of the Issue shall be available for allocation to Non-Institutional Investors (NIIs), with the portion further divided between applicants with application sizes of more than ₹2 lakh and up to ₹10 lakh, and those with application sizes exceeding ₹10 lakh, in accordance with the SEBI ICDR Regulations, and not more than 10% of the Issue shall be available for allocation to Retail Individual Investors (RIIs), subject to valid bids being received at or above the Issue Price. For further details, please refer to the sections “Issue Structure” and “Issue Procedure” beginning on pages 621 and 641 of the red herring prospectus dated September 17, 2026.

Elevate Campuses is led by an experienced management team with expertise across real estate, deal financing and operations and facility management. The Company’s promoters are ultimately owned and controlled by funds of Hillhouse Investment, a global alternative investment manager. Hillhouse established Rava Partners in 2020 as its real-assets strategy, which has committed over US$3.5 billion since inception across growth sectors of Asia’s real-asset economy, including education, logistics/industrial, life sciences/healthcare and digital infrastructure.

Disclaimer: 

ELEVATE CAMPUSES LIMITED (Formerly known as Good Host Spaces Limited) is proposing, subject to applicable statutory and regulatory requirements, receipt of requisite approvals, market conditions and other considerations, to make an initial public offering of its Equity Shares and has filed the RHP with SEBI, RoC, Mumbai and the Stock Exchanges on September 17, 2026. The RHP shall be available on the website of SEBI at www.sebi.gov.in, and is available on the websites of the Stock Exchanges i.e. BSE and NSE at www.bseindia.com and www.nseindia.com, respectively, on the website of our Company at www.elevatecampuses.com and the websites of the BRLMs, i.e., JM Financial Limited, IIFL Capital Services Limited (formerly known as IIFL Securities Limited) and Morgan Stanley India Company Private Limited at www.jmfl.com, www.iiflcapital.com and www.morganstanley.com, respectively. Any potential investors should note that investment in equity shares involves a high degree of risk and for details relating to such risk, see ‘‘Risk Factors’’ beginning on page 25 of the RHP. Potential investors should not rely on the DRHP filed with SEBI and the Stock Exchanges, and should instead rely on their own examination of our Company and the Issue, including the risks involved, for making any investment decision.

The Equity Shares offered in the have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the U.S. Securities Act) or any state securities laws in the United States, and unless so registered may not be offered or Issue sold within the United States, except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and applicable state securities laws. Accordingly, such Equity Shares are being offered and sold in offshore transactions as defined in and in reliance on Regulation S under the U.S. Securities Act and the applicable laws of the jurisdictions where those offers and sales occur. The Equity Shares have not been and will not be registered, listed or otherwise qualified in any other jurisdiction outside India and may not be offered or sold, and Bids may not be made by persons in any such jurisdiction except in compliance with the applicable laws of such jurisdiction. There will be no offering in the United States.

*झी टीव्हीवरील ‘सा रे ग म प 2026’ : आपल्या नवीन भव्य पर्वासह पुन्हा येत आहे;*

 *झी टीव्हीवरील ‘सा रे ग म प 2026’ : आपल्या नवीन भव्य पर्वासह पुन्हा येत आहे;*

हिंदी झी5 वरही होणार प्रसारण

मुंबई, 16 सप्टेंबर 2026: झी टीव्हीने आज मुंबईत एका विशेष पत्रकार परिषदेत लोकप्रिय आणि प्रतिष्ठित गायन रिअॅलिटी शो ‘सा रे ग म प’ च्या नवीन पर्वाची घोषणा केली. संगीताचा उत्सव साजरा करणाऱ्या ‘हिंदुस्तान का संगीतस्थान’ या संकल्पनेवर आधारित या नवीन पर्वाची झलक यावेळी माध्यमांना दाखवण्यात आली. तसेच, अत्याधुनिक व्हर्च्युअल रिअॅलिटी (VR) अनुभवाच्या माध्यमातून ‘सा रे ग म प 2026’ च्या भव्य आणि आकर्षक नव्या सेटचे प्रथम दर्शनही घडवण्यात आले. ह्या शो चा प्रीमियर 19 सप्टेंबर 2026 रोजी होणार असून हा कार्यक्रम दर शनिवार आणि रविवारी रात्री 9:30 वाजता झी टीव्ही आणि हिंदी झी5 वर प्रेक्षकांच्या भेटीला येणार आहे.

जवळपास तीन दशकांची समृद्ध परंपरा, अस्सल संगीत आणि विलक्षण गायक प्रतिभेला व्यासपीठ देण्याचा वारसा जपणाऱ्या ‘सा रे ग म प’च्या नव्या पर्वात प्रेक्षकांना पारंपरिक गायन स्पर्धेपलीकडचा एक भव्य संगीत अनुभव मिळणार आहे. नेत्रदीपक 360 अंशांचा मंच, 100 हून अधिक संगीतकार आणि विशाल कोरस समूहाच्या सहभागामुळे हा कार्यक्रम दूरचित्रवाणीवरील एका भव्य लाईव्ह कॉन्सर्टचा अनुभव देणार आहे. त्याचबरोबर भारतीय संगीत परंपरेचे वैभव, विविधता आणि समृद्ध सांगीतिक वारसा नव्या पर्वातून प्रभावीपणे प्रेक्षकांसमोर सादर केला जाणार आहे.

सुमारे तीन दशकांपासून ‘सा रे ग म प’ हा कार्यक्रम गायन क्षेत्रातील नवोदित प्रतिभेचा शोध घेणारे, त्यांना घडवणारे आणि त्यांच्या कलेचा गौरव करणारे विश्वासार्ह व्यासपीठ म्हणून ओळखला जातो. या कार्यक्रमाची लोकप्रियता टिकून राहण्यामागील सर्वांत मोठे कारण म्हणजे बदलत्या काळानुसार आणि प्रेक्षकांच्या आवडीनिवडींनुसार स्वरूपात बदल झाले तरी अस्सल संगीत आणि खऱ्या गायक प्रतिभेला त्यांनी दिलेले सातत्यपूर्ण प्राधान्य हे आहे. याच समृद्ध वारशाला पुढे नेत झी टीव्ही आता संगीताला पूर्णपणे समर्पित असे एक स्वतंत्र विश्व उभारत आहे. येथे ध्वनी, संगीतकौशल्य, सादरीकरण आणि दृश्यरचना अशा प्रत्येक घटकाची सांगड घालून संगीतकलेचा भव्य उत्सव साजरा करण्यात येणार आहे.

यंदाच्या पर्वात देशातील विविध भागांतील समृद्ध संगीत परंपरांचा सुरेल संगम पाहायला मिळणार आहे. मंत्रमुग्ध करणाऱ्या सादरीकरणांद्वारे भारतीय संगीताची विविधता, समृद्धता आणि सांस्कृतिक वारसा अधिक प्रभावीपणे उलगडला जाणार आहे, तर त्याचवेळी कार्यक्रमाच्या मूळ आत्म्याशीही प्रामाणिक राहण्यात येणार आहे. या अनुभवाला आणखी भव्यता देण्यासाठी विशेष 360 अंशांचा आकर्षक सेट उभारण्यात आला आहे. भारतीय संगीत रिअॅलिटी शोच्या इतिहासात प्रथमच अशा प्रकारचा सेट साकारण्यात आला असून त्याच्या माध्यमातून ‘हिंदुस्तान का संगीतस्थान’ हे अनोखे संगीतविश्व प्रेक्षकांसमोर जिवंत होणार आहे.

या पर्वात संगीतविश्वातील चार दिग्गज गुरु - शंकर महादेवन, कुमार सानू, नीति मोहन आणि जावेद अली यांची उपस्थिती विशेष आकर्षण ठरणार आहे. विविध संगीतप्रकारांतील त्यांच्या प्रदीर्घ अनुभवाचा लाभ स्पर्धकांना मिळणार असून ते केवळ सादरीकरणांचे परीक्षण करणार नाहीत, तर संपूर्ण स्पर्धेदरम्यान आपल्या ज्ञानाचा, अनुभवाचा आणि दृष्टीकोनाचा खजिना स्पर्धकांसोबत वाटून त्यांना मार्गदर्शनही करणार आहेत. यंदाच्या पर्वाचे सूत्रसंचालन अभिनेता श्रेयस तळपदे करणार असून त्यांच्या उपस्थितीमुळे या भव्य संगीतसोहळ्याला आणखी रंगत प्राप्त होणार आहे.

ह्या नव्या पर्वाविषयी बोलताना झी एंटरटेनमेंट एंटरप्रायझेस लिमिटेड (झील) चे मुख्य कंटेंट अधिकारी राघवेंद्र हुन्सूर म्हणाले, 

"‘सा रे ग म प’ हे झीने भारताला दिलेले सर्वात जुने आणि विश्वासार्ह वचन आहे. जवळपास तीन दशकांपासून ही मालिका अस्सल संगीत आणि खऱ्या गायक प्रतिभेचे प्रतीक म्हणून ओळखली जाते. या काळात तिने अशी कामगिरी केली आहे, जी कोणतेही व्यासपीठ किंवा कोणताही अल्गोरिदम करू शकत नाही. तिने भारतीय संगीताला स्वतःची प्रतिभा ओळखण्याची संधी दिली आहे. झीमध्ये आमचा विश्वास आहे की कोणतीही प्रतिष्ठित मालमत्ता काळानुसार विकसित होत राहिली पाहिजे आणि स्वतःला नव्याने सादर केले पाहिजे, पण त्याचवेळी तिला खास बनवणाऱ्या मूलभूत मूल्यांशीही प्रामाणिक राहिले पाहिजे. आम्ही केवळ काळाच्या ओघात महत्त्व टिकवून ठेवण्याचा प्रयत्न करत नाही, तर दीर्घकाळ टिकणाऱ्या सांस्कृतिक संस्था घडवतो.

यंदाच्या पर्वात आम्ही आणखी एक गायन रिअॅलिटी शो तयार करण्यापेक्षा संगीताला पूर्णपणे समर्पित असे एक संपूर्ण विश्व उभारण्याचा प्रयत्न केला आहे. आपल्या मातीशी आणि संगीताशी घट्ट जोडलेली नवी पिढी, त्यांच्या प्रवासाला दिशा देणारे आणि त्यांची प्रतिभा घडवणारे असामान्य संगीतगुरू, तसेच शंभरहून अधिक कलाकारांचा भव्य वाद्यवृंद, ज्यामुळे प्रत्येक आवाजाला त्याच्या स्वप्नांइतकीच मोठी झेप घेण्याची संधी मिळते. भारतीय संगीताची समृद्ध परंपरा आणि वैविध्य हे या पर्वाचे केंद्रस्थान आहे. संगीतकला ज्या भव्यतेची, दर्जाची आणि सन्मानाची हक्कदार आहे, तीच भव्यता, संगीतकौशल्य आणि वैविध्य या पर्वातून अनुभवायला मिळणार आहे. कारण आमच्या मते साधेपणा आणि भव्यता या परस्परविरोधी गोष्टी नाहीत. 

‘हिंदुस्तान का संगीतस्थान’ या संकल्पनेमागे हाच विचार आहे. हे असे पर्व आहे जिथे कलाकार, संगीतकार आणि स्वतः संगीतच केंद्रस्थानी असणार आहे. हे केवळ गायकांचा शोध घेण्याचे व्यासपीठ नाही, तर भारतीय संगीताला स्वतःचे घर सापडण्याचे ठिकाण आहे."

नवीन पर्वाविषयी बोलताना झी टीव्हीचे मुख्य चॅनल अधिकारी मंगेश कुलकर्णी म्हणाले, 

"झी टीव्ही आज प्राइम टाईममध्ये निर्विवादपणे आघाडीवर असून हिंदी जीईसी क्षेत्रातील अव्वल तीन कार्यक्रमांचे घर बनले आहे. हे यश आमच्या प्रेक्षकांनी दिलेल्या भरभरून प्रेमाचे प्रतीक आहे आणि त्यांच्या विश्वासासोबत येणाऱ्या जबाबदारीची जाणीवही करून देते. ‘सा रे ग म प’चा वारसा तीन दशकांहून अधिक काळाचा आहे. या प्रतिष्ठित कार्यक्रमाला पुन्हा प्रेक्षकांसमोर आणताना, त्याची ओळख आणि आत्मा कायम राखत त्याला त्याच्या भव्यतेला साजेशा नव्या स्वरूपात सादर करण्याचा आम्ही प्रयत्न केला आहे. म्हणूनच तो आजही भारतातील सर्वाधिक लोकप्रिय गायन मंचांपैकी एक आहे. ‘सा रे ग म प’सारख्या दैदिप्यमान वारशाला नव्याने सादर करताना प्रेक्षकांच्या अपेक्षा किती मोठ्या असतात याची आम्हाला पूर्ण जाणीव आहे. यंदाच्या पर्वात आमचा प्रयत्न केवळ त्या अपेक्षा पूर्ण करण्याचा नाही, तर त्या ओलांडण्याचा आहे. भव्य मंच, लाइव्ह कॉन्सर्टचा अनुभव देणारे सादरीकरण, 100 हून अधिक संगीतकारांचा थेट सहभाग आणि संगीत क्षेत्रातील दिग्गजांचा परीक्षक व मार्गदर्शक म्हणून सहभाग अशा प्रत्येक बाबीची रचना प्रेक्षकांना याआधी कधीही न अनुभवलेला संगीताचा अनुभव देण्यासाठी करण्यात आली आहे. मात्र, या सर्व भव्यतेच्या केंद्रस्थानी ‘सा रे ग म प’ची मूळ ओळख कायम आहे. हे असे व्यासपीठ आहे जिथे प्रतिभा स्वतः बोलते, स्वप्नांना स्वर मिळतात आणि संगीतच सर्वात महत्त्वाचे असते. म्हणूनच ‘सा रे ग म प’ हे ‘हिंदुस्तान का संगीतस्थान’ होते, आहे आणि कायम राहील."

ह्या नवीन पर्वाविषयी बोलताना हिंदी झी5 च्या बिझनेस हेड आणि अँड टीव्हीच्या मुख्य चॅनल अधिकारी कावेरी दास म्हणाल्या, 

"‘सा रे ग म प’ हा झीच्या नॉन-फिक्शन कंटेंटमधील मानाचा तुरा आहे आणि भारतीय मनोरंजनविश्वातील सर्वाधिक लोकप्रिय संगीत फ्रँचायझींपैकी एक आहे. अनेक दशकांपासून या कार्यक्रमाने प्रामाणिकपणा आणि असामान्य गायक प्रतिभेच्या शोधासाठी असलेल्या अढळ वचनबद्धतेच्या जोरावर आपला समृद्ध वारसा निर्माण केला आहे. प्रत्येक पर्वासोबत या कार्यक्रमाने स्वतःसाठी नवे मापदंड निश्चित केले आहेत आणि यंदाचे पर्वही त्याला अपवाद नाही. भव्य सादरीकरण, संगीतक्षेत्रातील दिग्गज मार्गदर्शक, तसेच मंचावर झळकणारी अप्रतिम प्रतिभा अशा प्रत्येक घटकाची रचना प्रेक्षकांना आतापर्यंतचा सर्वोत्तम अनुभव देण्यासाठी करण्यात आली आहे. आज प्रेक्षक अर्थपूर्ण, दर्जेदार आणि सांस्कृतिकदृष्ट्या जवळची असलेली मनोरंजन सामग्री शोधत असताना, ‘सा रे ग म प’ने आपले वेगळेपण कायम राखले आहे. यंदाचे पर्व या कार्यक्रमाचे भारतातील सर्वाधिक लोकप्रिय आणि विश्वासार्ह संगीत रिअॅलिटी फ्रँचायझी म्हणून असलेले स्थान आणखी मजबूत करेल, याची आम्हाला खात्री आहे. 

हिंदी झी5 साठी हा अभिमानाचा क्षण आहे की, अनेक पिढ्यांतील संगीतप्रेमींना प्रेरणा देणाऱ्या या प्रतिष्ठित कार्यक्रमाचे आम्ही डिजिटल घर आहोत. ‘सा रे ग म प’ आता आपल्या सर्वांत भव्य स्वरूपात परतत असताना भारतीय संगीताच्या समृद्ध वारशाचा गौरव करणारे आणि संगीत रिअॅलिटी मनोरंजनाची व्याप्ती व महत्त्वाकांक्षा नव्याने परिभाषित करणारे हे पर्व प्रेक्षकांपर्यंत पोहोचवण्यासाठी आम्ही अत्यंत उत्सुक आहोत."

‘हिंदुस्तान का संगीतस्थान’ सह सा रे ग म प आपल्या समृद्ध वारशाला नव्या युगात घेऊन येत आहे. एक असे जग जिथे कलाकारांवर प्रकाशझोत टाकला जातो, संगीतकारांच्या कलेला योग्य दाद मिळते आणि संगीताच्या महानतेला साजेशी भव्यता प्राप्त होते.

‘सा रे ग म प 2026’चा प्रीमियर होत आहे 19 सप्टेंबर 2026 रोजी; दर शनिवार आणि रविवार रात्री 9:30 वाजता फक्त झी टीव्ही आणि हिंदी झी5 वर!

A-ONE STEELS INDIA LIMITED (“ASIL” OR “COMPANY”) INITIAL PUBLIC OFFERING (“IPO” OR “OFFER”) TO OPEN ON SEPTEMBER 24, 2026;

A-ONE STEELS INDIA LIMITED (“ASIL” OR “COMPANY”) INITIAL PUBLIC OFFERING (“IPO” OR “OFFER”) TO OPEN ON SEPTEMBER 24, 2026;

 PRICE BAND FIXED AT ₹385-₹405

IPO comprises a Fresh Issue of equity shares of face value of ₹10 each aggregating up to ₹35,500 lakhs by the Company; and an Offer for Sale of equity shares of face value of ₹10 each aggregating up to ₹5,000 lakhs by the promoters of the Company, Mr. Sandeep Kumar, Mr. Sunil Jallan and Mr. Krishan Kumar Jalan, through book-building route 

ASIL proposes to utilize ₹25,000 lakhs from the Offer proceeds for pre-payment or partial re-payment of a portion of certain outstanding borrowings availed by the Company, and to deploy the remaining funds for general corporate purposes and offer expenses

September 17, 2026: A-One Steels India Limited (“ASIL”), a Bengaluru-headquartered integrated steel manufacturer, announced that the Company’s initial public offering (“IPO”) will open for subscription on Thursday, September 24, 2026. The anchor investor bidding date is Wednesday, September 23, 2026, and the bid/offer will conclude on Monday, September 28, 2026. The Company receive ₹35,500 lakhs, through a fresh issue of equity shares, and aims to be listed on the BSE & NSE platforms. 

The price band for the Offer has been fixed at ₹385-₹405 per share, and bids can be made for a minimum of 37 equity shares equity shares of face value of ₹10 and multiples of 37 thereafter. Prabhudas Lilladher Capital Markets Private Limited and Khambatta Securities Limited are the Book Running Lead Managers (“BRLMs”), and Bigshare Services Private Limited is the Registrar to the Offer.

The IPO comprises a Fresh Issue of equity shares of face value of ₹10 each aggregating up to ₹35,500 lakhs by the Company and an Offer for Sale of equity shares of face value of ₹10 each aggregating up to ₹5,000 lakhs by the Promoters of the Company, Mr. Sandeep Kumar, Mr. Sunil Jallan and Mr. Krishan Kumar Jalan, through book-building route. At a higher end of the price band (“Cap Price”), (i) not more than 49,75,308 equity shares were allocated for Qualified Institutional Buyers (“QIBs”), out of which, in consultation with the BRLMs, upto 29,85,185 equity shares of face value of ₹10 have been allocated for the Anchor investors, (ii) not less than 14,92,593 equity shares of face value of ₹10 were allocated for Non Institutional Bidders (“NIBs”), and (iii) not less than 34,82,716 equity shares of face value of ₹10 were allocated to the Retail Individual Bidders (“RIBs”) . The Offer includes a reservation of up-to 49,382 equity shares of face value of ₹10 each for purchase by eligible employees (“Employee Reservation”). A discount of ₹38 per equity share is being offered to eligible employees bidding under the employee reservation category. 

According to Red Herring Prospectus, ASIL proposes to utilize ₹25,000 lakhs from the Offer proceeds for pre-payment or partial re-payment of a portion of certain outstanding borrowings availed by the company and to deploy remaining funds for general corporate purposes and offer expenses.

ASIL is a backward/vertically integrated steel manufacturer with a diversified product portfolio comprising long and flat steel products, as well as industrial products. The Company and its subsidiaries operate six manufacturing units across Karnataka and Andhra Pradesh, comprising facilities located at Gauribidanur, Hindupur, Chikkantapur, Bellary, and Koppal with an aggregate installed capacity of 17,33,100 MTPA.  

The Company’s manufacturing facilities undertake complementary stages of the steel-manufacturing process. The Koppal facility manufactures sponge iron; the Gauribindanur and Hindupur plants manufacture MS billets and TMT bars; Bellary Facility I manufactures sponge iron, MS billets, HR coils, and HR (MS) pipes; Bellary Facility II manufactures galvanized pipes; and the Chikkantapur Facility manufactures met coke and ferro alloys.

ASIL’s TMT bars manufactured at its Gauribidanur Facility and Hindupur Facility have been certified as a green product by the CII – Green Products and Services Council and received GreenPro Ecolabel accreditation. Additionally, the Company’s HR coil and HR (MS) pipes in grades manufactured at out Bellary I Facility have also been certified as green products by the Confederation of Indian Industry - Green Products and Services Council under the GreenPro Ecolabel framework.

The Company received a Green Steel Certificate from the National Institute of Secondary Steel Technology, Mandi, Gobindgarh (India) for producing 1,80,351 tonnes of TMT Bars during Fiscal 2026, having an average emission intensity of 0.67t-CO2e/tfs. 

ASIL has also initiated the compliance process that enables Company’s steel exports to be accepted in the European Union under the Carbon Border Adjustment Mechanism (“CBAM”).

A-One Steel India is one of the steel industry players with lower emissions per tonne of crude steel and a higher share of renewable electricity usage. The Company has been awarded 5-star rating by the Ministry of Steel for its production facility in Chikkabalapur, Karnataka for the production of TMT bars. As of Fiscal 2026, 83.20% of the total power requirement for ASIL’s manufacturing facilities is met through the green energy, enabled the Company to save approximately ₹1.57 per unit in electricity cost during the Fiscal Year.

The Company sells its products through a combination of direct retail sales channels, authorised distributors, institutional customers and other intermediaries and trading channels. As of March 31, 2026, A-One Steels’ sales network comprised 1,246 direct retail sales channels, 32 authorised distributors and 57 institutional customers. 

A-One Steels India Limited commenced its operations in 2013 with the manufacturing of MS billets at its Gauribidanur facility. The Promoters of the Company are Mr. Sandeep Kumar, Mr. Sunil Jallan and Mr. Krishan Kumar Jalan. 

ASIL recorded ₹4,14,856.74 lakhs revenue from operations in Fiscal 2026, compared to ₹3,54,178.09 lakhs revenue from operations in Fiscal 2025. It has registered a profit after tax, after exceptional items, (PAT) of ₹12,740.82 lakhs in Fiscal 2026, compared to a profit after tax, after exceptional items (PAT) of ₹771.05 lakhs in Fiscal2025.

*Breath of Hope”: Mumbai Doctors Help Paralysed Man Breathe Independently After Six Months on a Ventilator*

*Breath of Hope”: Mumbai Doctors Help Paralysed Man Breathe Independently After Six Months on a Ventilator*

*Navi Mumbai* : In a remarkable neuro-rehabilitation success story, Wockhardt Hospitals Mumbai Central helped a 38-year-old man regain the ability to breathe independently after spending nearly six months dependent on a ventilator following a severe cervical spinal cord injury.

The patient, a resident of Hyderabad, had suffered a devastating cervical spinal cord injury following a major accident that left him paralysed below the neck. The injury resulted in complete loss of movement and sensation in his limbs and, most critically, took away his ability to breathe independently.

Initially admitted to an intensive care unit in Hyderabad, he spent nearly two months on continuous ventilator support and remained dependent on assisted breathing for almost six months despite treatment at multiple healthcare centers. Doctors had reportedly informed the family that prolonged ventilator dependence could be unavoidable.

Determined to explore further options, the family approached Dr. Manish Baldia, Consultant Functional Neurosurgeon at Wockhardt Hospitals Mumbai Central, known for his expertise in advanced neuromodulation and phrenic nerve stimulation procedures.

After detailed assessment, the patient was shifted to Mumbai under specialised medical supervision. Attempts to gradually reduce ventilator support revealed dangerously high carbon dioxide retention levels, confirming that he was still unable to breathe adequately on his own.

Following evaluation, Dr.Manish Baldia performed a highly specialised phrenic nerve stimulation procedure, an advanced intervention designed to stimulate the diaphragm by activating the phrenic nerve responsible for breathing.

The response was remarkable. Within just three to four days after the procedure, the patient began showing improvement, and by the third week he was stable enough to be shifted out of the ICU.

"In high cervical spinal cord injuries, communication between the brain and breathing muscles gets disrupted. Through phrenic nerve stimulation, we attempt to bypass that interruption and directly activate the diaphragm so the patient can gradually regain independent breathing," said *Dr. Manish Baldia, Consultant Functional Neurosurgeon, Wockhardt Hospitals Mumbai Central*.

He further added, "While this procedure does not reverse the spinal cord injury itself, restoring independent breathing significantly improves quality of life. It allows patients to communicate better, actively participate in rehabilitation and reduce prolonged dependence on critical care support."

Commenting on the significance of the case, *Dr. Virendra Chauhan, Centre Head, Wockhardt Hospitals Mumbai Central*, said, "This case reflects how advanced medical expertise and innovation can transform outcomes even in highly challenging situations. Such interventions are opening new possibilities in neuro-rehabilitation and bringing hope to patients and families facing long-term challenges."

Though the patient continues rehabilitation because of the severity of the spinal cord injury, the impact has been life-changing. He can now breathe independently, speak comfortably with his family and even sing again — something unimaginable just weeks earlier.

The case is believed to be among Mumbai’s first phrenic nerve stimulation procedures performed to restore independent breathing in a patient with severe cervical spinal cord injury, opening new possibilities in advanced neuro-rehabilitation in India.

The success story is now offering renewed hope to patients and families living with severe spinal cord injuries and prolonged ventilator dependence proving that even after months on a ventilator, breathing independence may still be possible.

Gleneagles Hospital Mumbai Unveils 15.59-Metre ‘Organ of Hope’ at Lalbaug, Earns Guinness World Records Title

Gleneagles Hospital Mumbai Unveils 15.59-Metre ‘Organ of Hope’ at Lalbaug, Earns Guinness World Records Title.

‘Organs of Hope’ campaign, supported by Lalbaugcha Raja Sarvajanik Ganeshotsav Mandal, brings organ donation awareness to the heart of Mumbai during Ganeshotsav

In a unique coming together of faith, healthcare and community, Gleneagles Hospital Mumbai has unveiled a 15.59-metre fibreglass sculpture depicting multiple human organs at Lalbaug as part of its ‘Organs of Hope’ organ donation awareness campaign.

The initiative, undertaken with the support of Lalbaugcha Raja Sarvajanik Ganeshotsav Mandal, aims to take the conversation around organ donation beyond hospital walls and into the heart of the community during Ganeshotsav.

The ‘Organ of Hope’ sculpture has achieved the Guinness World Records™ title for the “Largest Fibreglass Sculpture of Organs”, marking an important milestone for Gleneagles Hospital Mumbai and bringing greater visibility to the message of organ donation.

The support extended by Lalbaugcha Raja Sarvajanik Ganeshotsav Mandal has been central to the initiative, providing a meaningful platform to bring the conversation around organ donation to thousands of people visiting Lalbaug during the festive period.

The campaign also brings together ZTCC, MOHAN Foundation, Narmada Kidney Foundation, Verma Trust, Donate Life Lunawa Helping Hands, ISCCM – Indian Society of Critical Care Medicine, Mumbai City Branch, along with students and faculty from Ramnarain Ruia Autonomous College, SNDT Matunga, Kirti College and Khalsa College, among others.

Through the campaign, volunteers and participating organisations are engaging with visitors, creating awareness about organ donation, addressing common myths and encouraging people to discuss their wishes with their families and consider taking an organ donation pledge.

Why ‘Organs of Hope’?

For Gleneagles Hospital Mumbai, ‘Organs of Hope’ is an extension of its responsibility as a healthcare institution to create awareness about a subject that can directly influence the lives of patients waiting for a transplant.

India has made significant progress in organ transplantation, but a considerable gap continues to exist between the need for organs and their availability. The Government of India has highlighted the continuing demand–supply gap, while NOTTO has identified challenges including limited awareness about brain-stem death, lack of awareness and attitudes towards organ donation.

The need, therefore, is not only for more transplant infrastructure and medical expertise, but also for greater public understanding and participation in organ donation.

For many people, organ donation remains a subject surrounded by questions, misconceptions and uncertainty. Conversations about donation often happen too late—or do not happen at all within families. NOTTO's public-awareness material specifically addresses common myths around organ donation and encourages people to understand the facts and communicate their wishes.

‘Organs of Hope’ has been created to help bridge this awareness gap.

By taking the message out of the hospital and placing it in the heart of a community gathering such as Lalbaug during Ganeshotsav, Gleneagles Hospital Mumbai aims to make organ donation a visible, understandable and meaningful conversation—one that begins with awareness, moves into families and can ultimately lead to informed decisions.

A Message of Hope in the Presence of Bappa

The presence of the ‘Organ of Hope’ sculpture at Lalbaug during Ganeshotsav gives the campaign a deeper significance, bringing a message of hope, compassion and giving to a space where people come together in faith.

Mr. Sudhir Salvi, Lalbaugcha Raja Sarvajanik Ganeshotsav Mandal, said:

“Lalbaugcha Raja Sarvajanik Ganeshotsav Mandal has always believed in bringing people together through faith, compassion and social responsibility. We are happy to support Gleneagles Hospital Mumbai in taking the important message of organ donation to the community. Organ donation is a beautiful expression of humanity—it can give someone waiting for a transplant another chance at life. We hope that this initiative inspires more people to speak to their families about organ donation and come forward for this noble cause.”

Taking Organ Donation Beyond Hospital Walls

Dr. Bipin Chevale, CEO, Gleneagles Hospital Mumbai, said:

“As a healthcare institution, we see every day how deeply the need for timely treatment and transplantation can affect patients and their families. With ‘Organs of Hope’, we wanted to take the conversation around organ donation beyond the hospital and into the community. The intention is to create awareness, address misconceptions and encourage people to have an open conversation with their families about their wishes. Lalbaugcha Raja Sarvajanik Ganeshotsav Mandal has given us a truly meaningful platform to do this during Ganeshotsav. The Guinness World Records™ title is a proud milestone for Gleneagles Hospital Mumbai, but the larger purpose of this initiative is to spread awareness and inspire more people to consider the Gift of Life.”

Awareness as the First Step Towards More Donations

Dr. Bharat Shah, ZTCC, said “Awareness is an important step towards strengthening organ donation. People need to understand the importance of donation, overcome myths and concerns, and have informed conversations with their families. The ‘Organs of Hope’ campaign has taken this conversation directly to the community in a highly visible and meaningful way. The coming together of healthcare organisations, community institutions and educational institutions can help encourage more people to make informed decisions and come forward for organ donation.”

India Continues to Face a Significant Need for Donated Organs

According to data reported by the National Organ and Tissue Transplant Organisation (NOTTO), India recorded 20,019 organ transplants in 2025. As of March 3, 2026, 89,839 people were on the national waitlist for major organs, according to data reported on the NOTTO National Registry Portal.

At the same time, deceased-donor transplantation continues to account for a relatively smaller proportion of total transplants. Government data released in February 2026 stated that around 18% of transplants were being performed using organs donated after death.

These figures underline the importance of continuing to build awareness, understanding and public participation in organ donation.

‘Organs of Hope’ seeks to turn awareness into action by encouraging people to learn about organ donation, understand the facts, discuss their wishes with their families and consider making an informed pledge.

Healthcare, Community and Young Minds Come Together

The campaign brings together ZTCC, MOHAN Foundation, Narmada Kidney Foundation, Verma Trust, Lunawa Helping Hands, ISCCM – Indian Society of Critical Care Medicine, Mumbai City Branch, along with students and faculty from Ramnarain Ruia Autonomous College, SNDT Matunga, Kirti College and Khalsa College, among others.

Volunteers and participating organisations are engaging with visitors at Lalbaug, helping create awareness about organ donation and encouraging meaningful conversations around the subject.

Students have also contributed to the campaign through pledges, artwork, creative expressions and awareness activities, helping take the message beyond the campaign site and into their families, peer groups and communities.

From One Conversation to a Gift of Life

At its heart, ‘Organs of Hope’ is about starting a conversation that can begin with one person and reach an entire family.

For Gleneagles Hospital Mumbai, the campaign is an effort to bring healthcare awareness into the community and encourage people to understand that organ donation is not merely a medical subject—it is a conversation about compassion, generosity, responsibility and hope.

The 15.59-metre ‘Organ of Hope’ at Lalbaug is therefore more than a sculpture. It is intended to serve as a powerful reminder of the lives that can be touched when awareness leads to an informed decision.

With the support of Lalbaugcha Raja Sarvajanik Ganeshotsav Mandal and its partner organisations, ‘Organs of Hope’ seeks to turn this public platform into a meaningful conversation—one that begins at Lalbaug, reaches homes and families, and keeps the Gift of Life at the heart of the message.

 

​

*Upendra Limaye and Jitendra Joshi Seek Lord Ganesha’s Blessings*

 *Upendra Limaye and Jitendra Joshi Seek Lord Ganesha’s Blessings*

Amid the auspicious and festive spirit of Ganeshotsav, the team of the upcoming Marathi film ‘Bandhu’ visited the renowned Bhausaheb Rangari Ganpati in Pune and sought the blessings of Lord Ganesha. The film, which is set to release on 20th November, stars Upendra Limaye and Jitendra Joshi in the lead as brothers, along with director Nitin Sindhuvijay Supekar, who offered prayers at Bappa’s feet. On the occasion, the film team was felicitated by Punit Balan.

Along with seeking Bappa’s blessings, Jitendra Joshi thoroughly enjoyed the soulful bhajans being performed in the devotional atmosphere. The ‘Bandhu’ duo, Upendra Limaye and Jitendra Joshi, were seen completely immersed in the rhythm and spirit of the bhajans. Later, Upendra Limaye, Jitendra Joshi and director Nitin Supekar came together to perform the Ganpati Aarti and seek Bappa’s blessings. A special poster of the film was also unveiled on the occasion, making this devotional moment a memorable one for the team ahead of the film’s release.

Presented by Rajat Bedi, the film is produced under the banner of JSD Studios in association with Triflix Entertainment. The film is produced by Pranav Desai, Juhi Desai and Kuldeep Sunil Ojha. The story, screenplay, dialogues and direction are by Nitin Sindhuvijay Supekar.

Bringing to the screen an emotional story of the unbreakable bond, love and affection shared between two brothers, ‘Bandhu’ is all set to meet audiences on 20th November.

*At Lalbaugcha Raja, Bhog Served in 100% Regenerative Tableware*

 *At Lalbaugcha Raja, Bhog Served in 100% Regenerative Tableware*

Mumbai's iconic Ganeshotsav pandal partners with CHUK to move bhog distribution away from single-use plastic

*Mumbai,* This Ganeshotsav, devotees coming to take the blessings of Lalbaugcha Raja are being served bhog on tableware that is 100% regenerative, leaving no residue in the environment unlike plastic. Every year, pooja mandals, civic authorities and devotees have been steadily shifting towards eco-friendly idols, natural materials and reduced plastic use across the ten days of celebration. The use of CHUK 100% regenerative tableware is in line with that shift.

These tableware are made from bagasse — a by-product of sugar industry. Once used, CHUK tableware composts back into the soil rather than persisting as waste for generations. Ordinary single-use plastic tableware is made from fossil fuels and can persist in the environment for hundreds of years. Based on this year's volumes at Lalbaugcha Raja, the switch to CHUK's compostable tableware is estimated to prevent generation of approximately 1580 kg CO2 equivalent.

“Compostable tableware at a pandal of this scale means thousands of plates go back to the soil instead of a landfill. We hope more mandals see it as a viable option and make the switch for their celebrations,” *said Mr. Shubham Tibrewal, Business Head – Food Services (Chuk), Pakka Limited.*

CHUK has been present at other major religious gatherings, including the consecration of the Ram Mandir in Ayodhya in January 2024 — where CHUK was the official compostable tableware partner for prasad distribution, chosen by the Ram Janmabhoomi Teerth Kshetra Trust. Mata Vaishno Devi Shrine Board has partnered with CHUK for serving pilgrims through the year. CHUK has also served at the Mahakumbh at Prayagraj and Jagannath Rath Yatra in Puri.

*Ganesh Chaturthi 2026: Seller Participation on Meesho Grows ~26% as Festive Demand Spans India*

Ganesh Chaturthi 2026: Seller Participation on Meesho Grows ~26% as Festive Demand Spans India

Karnataka and Maharashtra were among the largest Ganesh Chaturthi markets on Meesho

Tier 4 markets accounted for 53% of orders nationally

Nearly 7 in 10 participating sellers were new, while décor categories saw strong momentum

Karnataka and Maharashtra Among Key Festive Markets; Tier 4 Drives 53% of Orders

*Mumbai,* Ganesh Chaturthi shopping on Meesho saw demand across both larger cities and smaller towns this year. Karnataka and Maharashtra were among the platform’s largest markets for the festival, with Bengaluru, Mysore and Tumkur emerging as key shopping markets in Karnataka, and Mumbai and Pune driving demand in Maharashtra.

Beyond these traditional festive markets, the celebrations saw strong participation from customers across Bharat. Tier 4 markets alone accounted for 53% of all Ganesh Chaturthi orders on Meesho, meaning more than one in two orders came from these markets.

*Seller Participation Grows ~26%; Nearly 7 in 10 Sellers Were New*

More businesses participated in the festive season this year, with the number of sellers listing Ganesh Chaturthi-related products on Meesho growing ~26% YoY to nearly 9,000. Of these, nearly seven in ten were new sellers, participating in the Ganesh Chaturthi assortment on Meesho for the first time this year.

*Décor Emerges as a Festive Favourite*

Traditional idols and puja essentials remained central to Ganesh Chaturthi shopping, while décor categories saw strong momentum as customers personalised how they celebrated. Torans and wall hangings grew ~139% YoY, more than doubling over the previous year. 

Customers also increasingly took the celebration beyond the home, with dashboard figurines and idols growing ~45% YoY to become the third-largest Ganesh Chaturthi category on Meesho.

The broader festive basket included artificial flowers and plants, wall décor, string lights, table lamps, candles and puja articles, reflecting a mix of traditional essentials and decorative products as customers prepared for the festival.

S.L. RAHEJA HOSPITAL, MAHIM LAUNCHES COMPREHENSIVE WOMEN & CHILD CARE DEPTARTMENT

S.L. RAHEJA HOSPITAL, MAHIM LAUNCHES COMPREHENSIVE WOMEN & CHILD CARE DEPTARTMENT

The department brings together specialised expertise in pregnancy, reproductive health, preventive care, advanced minimally invasive procedures and comprehensive childcare under one roof ~

Healthcare needs evolve through every chapter of life — for a woman, from adolescence and reproductive health to pregnancy, motherhood and menopause; and for a child, from the earliest days of infancy through growth and development. Recognising the need for continuity of care across these milestones, S.L. Raheja Hospital, Mahim, Mumbai – A Fortis Associate today launched its Department of Women & Child Care, bringing together specialised expertise and comprehensive care in both women's health and child healthcare under one roof.

The department launch was graced by honourable trustees Mr. Neel Raheja & Mr. Akshay Raheja, along with Dr. S. Narayani, Regional Director Operations - Fortis Hospitals, Dr. Kunal Punamiya – CEO, S.L. Raheja Hospital, Lt Gen (Dr) V Ravishankar (VSM-Retd.) – Medical Advisor – Board of Trustees, S.L. Raheja Hospital. Today’s inauguration marks another step in the hospital’s continued commitment to strengthening specialised healthcare for women.

The department of Women & Child Care offers comprehensive obstetric care from antenatal check-ups and high-risk pregnancy management to labour, delivery and postpartum support. Gynecology services address menstrual disorders, PCOS, fibroids, endometriosis and other reproductive health concerns, alongside a strong focus on prevention through cancer screening, adolescent gynaecology and menopause care. Advanced surgical capabilities, including laparoscopy and hysteroscopy, enable minimally invasive treatment wherever clinically appropriate.

On the childcare front, the department brings formidable strength in pediatrics and neonatology. A dedicated team of pediatricians and neonatologists provides round-the-clock care for newborns, infants and children, backed by a well-equipped NICU capable of managing critical and high-risk cases from the very first hour of life. From routine immunizations and growth monitoring to the management of complex pediatric conditions, the department is built to support a child's health at every stage, giving parents the assurance of expert care exactly when it matters most.

The department brings together a multidisciplinary team of specialists, including Dr. Swity Kora, Dr. Vandana Shetty, Dr. Manasi Medhekar, Dr Sangeeta Pickle, Dr Alka Kumar, Dr Reshma Hussain and Dr. Vikram Shah amongst others from Obstetrics and Gynaecology, alongside Dr. Asmita Mahajan, Dr. Deepak Ugra, Dr. Rajesh Chokhani and Dr. Ganesh Lahane from Neonatology & Paediatrics. Together, the teams enable coordinated, comprehensive care for women and children, supported by the hospital's wider multidisciplinary clinical ecosystem. This is further strengthened by super-specialists across various paediatric faculties, who together contribute to ensuring clinical outcomes that are consistently benchmarked against the highest standards.

Speaking about the department’s clinical vision, Dr. Kunal Punamiya, CEO, S.L. Raheja Hospital, Mahim – A Fortis Associate, said, “The department is built on a simple but powerful idea — that care for a woman and care for her child shouldn't be treated as separate journeys. We're bringing together expertise that spans a woman's health from adolescence onward, and a child's growth from birth all the way through the teenage years, under one roof. This is just the beginning. As we grow this department, our focus will be on deepening this continuum further, so that families don't have to look beyond S.L. Raheja Hospital for care at any life stage.”

Commenting on the launch, Lt Gen (Dr) V Ravishankar (VSM-Retd.) – Medical Advisor – Board of Trustees, S.L. Raheja Hospital, Mahim, Mumbai, said, “Women's and children's healthcare have always been central to building a healthier community, and we believe strongly that a mother's care and her child's care are inseparable. Our responsibility goes beyond access to treatment — it's about ensuring women feel supported at every life stage, and children get the specialised, timely care that shapes their healthiest start. With this department, we're bringing together the expertise to meet the evolving needs of women and children alike, under one roof, built on the same trust and consistency that has defined this hospital for years. Our goal, going forward, is simple: healthcare that meets people where they are, at every stage of life.”

With the launch of the Department of Women and Child Care, S.L. Raheja Hospital, Mahim – A Fortis Associate, aims to create a more connected healthcare journey for women, bringing together expertise, advanced treatment, preventive care and compassionate support across different stages of life.

The launch reinforces the hospital’s commitment to healthcare that goes beyond treating illness — towards early intervention, informed care and long-term women’s health and wellbeing.

ABOUT FORTIS HEALTHCARE LIMITED:   

Fortis Healthcare Limited is a leading integrated healthcare delivery service provider in India. The healthcare verticals of the company primarily comprise hospitals, diagnostics, and day care specialty facilities. Currently, the company operates 36 healthcare facilities (including JVs and O&M facilities) across 12 states and union territories. The Company’s network comprises over 6150 operational beds (including O&M beds) and 400 diagnostics labs. https://www.fortishealthcare.com/

ABOUT IHH HEALTHCARE (“IHH”):

IHH is a leading multinational healthcare provider shaping the future of care. Driven by our aspiration to Care. For Good., we unite medical excellence and innovation, pushing boundaries through our trusted brands such as Acibadem, Gleneagles, Fortis, Island, Mount Elizabeth, Pantai, Parkway and Prince Court. Across 10 countries, including Malaysia, Singapore, Türkiye, India and Greater China, our 70,000-strong team delivers world-class excellence every day, within and beyond our 140 healthcare facilities, including more than 80 hospitals. Our comprehensive services span the full healthcare continuum, from primary and ambulatory to quaternary care, complemented by diagnostics, imaging, rehabilitation, telehealth and home care. In partnership with our stakeholders, IHH is advancing value-based care, building a sustainable healthcare ecosystem and creating meaningful impact, as we work towards our vision to become the world’s most trusted healthcare services network. www.ihhhealthcare.com 

*PhonePe and Visa Partner to Power Comprehensive Cardless Payments for Millions of Indians Globally*

 *PhonePe and Visa Partner to Power Comprehensive Cardless Payments for Millions of Indians Globally*

Unveiled at GFF 2026, PhonePe becomes India’s first App to offer a unified suite of Visa features including Tap to Pay, Cross Border Scan to Pay, online Device Tokenization, and Smart Accept

*Mumbai*, PhonePe and Visa today jointly announced the launch of three new payment solutions: Tap to Pay, Cross Border Scan to Pay, and Smart Accept. Unveiled on stage by leadership from both organizations at the Global Fintech Fest (GFF) 2026, the partnership makes PhonePe the first app in India to introduce Cross Border Scan to Pay for international transactions.

Furthermore, PhonePe becomes the first app to enable a complete suite of three core Visa capabilities for consumers: Online Device Tokenization, Tap to Pay, and Cross Border Scan to Pay. Additionally, the platform is empowering micro-merchants with card acceptance through Smart Accept.

Building upon the Visa Device Tokenization launched on the platform in February 2025, this initiative establishes a seamless, cardless payment ecosystem. Once users save their Visa card on PhonePe, they can simply tap their phone to pay at stores, check out online at their favorite merchants, or scan QR codes while traveling abroad, eliminating the need to carry physical cards altogether.

Key Features of these payment solutions include:

● *Tap to Pay*: Android users can tokenize their Visa cards to make contactless payments at Point-of-Sale (POS) machines, even in low-connectivity environments. Tap to Pay will roll out progressively in phases, starting September 9, 2026.

● *Cross Border Scan to Pay*: Unveiled at the launch event, this feature allows users to scan Visa-supported QR codes across 14 key international markets including Singapore, Malaysia, Thailand, Vietnam, Indonesia, Sri Lanka, Japan, China, and South Korea, removing currency exchange friction for Indian travelers abroad. This feature will be rolled out to users soon.

● *Unified Online Tokenization*: Integrated into the platform, users enjoy a secure ‘save once, use everywhere’ checkout experience across all participating e-commerce merchants. Millions of consumers are already experiencing this feature on the PhonePe platform.

● *Smart Accept*: Also unveiled at the launch event, this feature empowers small merchants to accept card payments directly on their smartphones without buying a separate card POS machine. Customers can pay by tapping physical cards or tokenized mobile wallets directly against the merchant's device, eliminating the need for separate POS hardware. The solution brings the cost of card-present device ownership to zero, offers seamless onboarding and optimized commercial rates, and fully integrates card payments into PhonePe's existing QR dashboard for unified daily reconciliation and simplified dispute resolution.

Speaking on the launch, *Rahul Chari, Founder & CPTO at PhonePe£

 As m* said, "At PhonePe, our vision has always been to build technology that makes payments universally accessible, intuitive, and secure. Partnering with Visa is a pivotal milestone in scaling that vision globally. By unifying online tokenization, Tap to Pay, and Cross-Border QR payments alongside Smart Accept for merchants, we are removing friction across the entire payments value chain. Through this partnership, we are not just digitizing cards, we are establishing a new standard for borderless and cardless commerce for Indian consumers and micro-merchants alike.”

*Suresh Sethi, Group Country Manager, India and South Asia, Visa, said,$ "India is at the forefront of the global digital payments revolution, and Visa is proud to be a catalyst in this transformation. Our partnership with PhonePe is another step forward in this direction and reflects a shared vision - to make trusted, secure and frictionless commerce accessible to every Indian, across borders. By bringing together our global network, tokenization capabilities, and PhonePe's unparalleled reach, into a seamless experience, we are not just simplifying payments, we are reimagining how India connects with the global economy. This collaboration reaffirms Visa's vision of being the best way to pay and be paid worldwide, delivering payment experiences that are as secure as they are effortless."